---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-22-008796"
form_type: "8-K"
ticker: "PPSI"
cik: "0001449792"
company_name: "PIONEER POWER SOLUTIONS, INC."
filed_at: "2022-08-15T23:59:59+00:00"
generated_at: "2026-06-23T23:48:01.098647+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Pioneer Power Q2 revenue down 24% to $4.3M; backlog up 98% YoY to $25.2M

## Summary
- Net loss of $2.5M ($0.26/share) vs. $686K loss a year ago; includes $658K non-cash stock compensation.
- Revenue fell to $4.3M from $5.6M, driven by delayed e-Bloc shipments from one large customer due to site readiness issues.
- Backlog hit $25.2M (highest since transformer business sale), with ~$15M in e-Bloc orders.
- Company reiterates expectation of at least 50% YoY revenue growth for full-year 2022.
- Cash balance $9.8M at June 30, 2022; expects $6.2M from notes receivable by year-end.

## SEC filing metadata
- accession: 0001387131-22-008796
- form_type: 8-K
- ticker: PPSI
- cik: 0001449792
- company_name: PIONEER POWER SOLUTIONS, INC.
- filed_at: 2022-08-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1449792/000138713122008796/0001387131-22-008796-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1449792/000138713122008796/ppsi-8k_081522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-22-008796
- JSON: https://secwatch.observer/filing/0001387131-22-008796.json
- Plain text: https://secwatch.observer/filing/0001387131-22-008796.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.